INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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LAGOS WILL REMAIN INDEBTED TO LATE GEN. JOHNSON-GOV. SANWO-OLU.{PHOTO}.#PRESS RELEASE.

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      Lagos State Governor Mr. Babajide Sanwo-Olu, on Thursday paid a condolence visit to the family of the late former Military Administrator of the State, Brigadier Mobolaji Johnson (Rtd), who passed away on Wednesday evening.
At exactly 6:19pm, a high-powered delegation led by Sanwo-Olu was received by family members at the deceased’s residence in Ilupeju.
The Governor was accompanied by his Chief of Staff, Mr. Tayo Ayinde, Head of Service, Mr. Hakeem Muri-Okunola, and an All Progressives Congress (APC) leader in Odi-Olowo/Ojuwoye Local Council Development Area (LCDA), Prince Bayo Osiyemi.
None of the immediate family members of the late former administrator was around when the Government delegation visited. Sanwo-Olu was received by two elderly women - Mrs. Shola Agaga-Williams and Mrs. Biola Agaga-Williams - both said to be cousins to the late wife of the deceased.
Before the late Johnson breathed his last on Wednesday, his wife, Mrs. Obafunmilayo, had passed on a few years ago.
At separate occasions, Governor Sanwo-Olu spoke to Seyi and Deji, two sons of the deceased on telephone to sympathise with the family.
There were other extended family members of the deceased at the late Johnson’s residence when the Governor visited.
In his tribute to the late Johnson, Sanwo-Olu described the former Military Administrator as “perfect officer and gentleman personified”.
The Governor wrote in the condolence register: “Papa served Lagos State diligently and conscientiously, laying a solid foundation that our dear State is thriving on. Lagosians remain indebted to Papa. His legacies outlive him. May his gentle soul rest in peace.”
Sanwo-Olu spent about 40 minutes in the living room of the late former Lagos Military Administrator, condoling the deceased’s family members.
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